KraneShares CSI China Internet ETF $KWEB Shares Bought by Krane Funds Advisors LLC

Krane Funds Advisors LLC raised its position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 19.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,856,700 shares of the company’s stock after buying an additional 631,799 shares during the period. KraneShares CSI China Internet ETF comprises 4.3% of Krane Funds Advisors LLC’s portfolio, making the stock its 8th biggest position. Krane Funds Advisors LLC’s holdings in KraneShares CSI China Internet ETF were worth $131,321,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Aurora Investment Managers LLC. increased its holdings in shares of KraneShares CSI China Internet ETF by 12.6% in the third quarter. Aurora Investment Managers LLC. now owns 440,048 shares of the company’s stock valued at $18,486,000 after purchasing an additional 49,302 shares in the last quarter. GFG Capital LLC acquired a new stake in shares of KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $668,000. Robinhood Asset Management LLC acquired a new stake in shares of KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $54,053,000. NewEdge Wealth LLC increased its holdings in shares of KraneShares CSI China Internet ETF by 67.8% in the fourth quarter. NewEdge Wealth LLC now owns 220,686 shares of the company’s stock valued at $7,514,000 after purchasing an additional 89,143 shares in the last quarter. Finally, ABC Arbitrage SA grew its holdings in KraneShares CSI China Internet ETF by 311.6% during the 3rd quarter. ABC Arbitrage SA now owns 138,130 shares of the company’s stock worth $5,803,000 after acquiring an additional 104,573 shares during the period.

KraneShares CSI China Internet ETF Stock Performance

KWEB opened at $26.38 on Monday. The company has a fifty day moving average price of $28.43 and a two-hundred day moving average price of $32.22. KraneShares CSI China Internet ETF has a 52 week low of $26.23 and a 52 week high of $43.37. The firm has a market capitalization of $5.93 billion, a PE ratio of 15.95 and a beta of 0.34.

KraneShares CSI China Internet ETF Profile

The KraneShares CSI China Internet ETF (KWEB) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund tracks a market cap-weighted index composed of overseas-listed Chinese Internet companies. KWEB was launched on Jul 31, 2013 and is managed by KraneShares.